901 E Grant AveMortonTX79346
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Morton at 901 E Grant Ave, Morton, TX, 79346 at $199,500 posts ROI 21.72% with $100/mo cash flow from $1,518/mo rent. Total monthly income equals $1,518/mo, and annual cash flow records $1,197/yr on $66,134 to close. Return on cash invested measures 21.72% and rental yield reads 9.13% at the current $199,500. Equity gained on principal adds $1,287/yr, and 5% annual appreciation supports $55,118 by year five. Five-year ROI prints 113.76% and total cumulative return in cash totals $75,235.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,518/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79346, Morton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,238 (100%) |
| Owner Occupied HU | 710 (57.4%) |
| Renter Occupied HU | 205 (16.6%) |
| Vacant Housing Units | 323 (26.1%) |
| Median Home Value | $62,295 |
| Average Home Value | $99,996 |
Housing Distribution
Address Breakdown
Residential
849
Single Family
849
Multi-Family
0
Businesses
103
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